Federal Court of Australia
FEDERAL COURT OF AUSTRALIA
Programmed Maintenance Services Limited, in the matter of Programmed Maintenance Services Limited [2017] FCA 1265 File number: WAD 406 of 2017
Judge: MCKERRACHER J
Date of judgment: 27 October 2017
Catchwords: CORPORATIONS – scheme of arrangement – application under s 411(1) of the Corporations Act 2001 (Cth) to convene a meeting to consider a proposed scheme of arrangement – application under s 411(4)(b) of the Act to approve a proposed scheme of arrangement – where Independent Expert concluded scheme of arrangement is fair – where applications are unopposed – relevant principles
Legislation: Corporations Act 2001 (Cth) ss 9, 231, 411(1), 411(2), 411 (2)(a), 411 (2)(b), 411(3), 411(3)(b), 411(4), 411 (4)(a)(ii), 411(4)(a)(ii)(A), 411(4)(a)(ii)(B), 411(4)(b), 411(11), 411(12), 411(17), 411(17)(b), 412, 412(1)(a)(i), 412(1)(a)(ii), 412(6) Corporations Regulations 2001 (Cth) Sch 8, cll 8301-8310, regs 5.1.01, 5.1.01(1)(b) Federal Court (Corporations) Rules 2000 (Cth) r 3.2
Cases cited: FT Eastment & Sons Pty Ltd v Metal Roof Decking Supplies Pty Ltd (1977) 3 ACLR 69 Gantry Acquisition Corp v Parker & Parsley Petroleum Australia Pty Ltd (1994) 51 FCR 554 Re ACM Gold Ltd; Mt Leyshon Gold Mines Ltd (1992) 34 FCR 530 Re Alabama, New Orleans, Texas and Pacific Junction Railway Co [1891] 1 Ch 213 Re Alinta Ltd (No 2) [2007] FCA 1378 Re Amcom Telecommunications Ltd [2015] FCA 341 Re APN News & Media Ltd (2007) 62 ACSR 400 Re Central Pacific Minerals NL [2002] FCA 239 Re Coles Group (No 2) (2007) 215 FLR 411 Re CSR Ltd (2010) 183 FCR 358 Re Dorman Long & Co Ltd [1934] Ch 635 Re HIH Casualty and General Insurance Ltd (2006) 200 FLR 243 Re International Goldfields Ltd (2003) 21 ACLC 1199 Re Investa Properties Limited [2007] FCA 1104 Re Macquarie Private Capital A Ltd [2008] NSWSC 323 Re Seven Network Ltd [2010] FCA 220 Re Seven Network Ltd (No 3) (2010) 267 ALR 583 Re Sonodyne International Ltd (1994) 15 ACSR 494 Re NRMA Insurance Ltd (No 1) (2000) 33 ACSR 595 Re NRMA Ltd (No 2) (2000) 156 FLR 412 Sovereign Life Assurance Company v Dodd [1892] 2 QB 573 UDL Argos Engineering & Heavy Industries Co Ltd v Li Oi Lin [2001] 3 HKLRD 634
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